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Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How do I handle taxes on a very large “gift” from my employers? ### Answer: You should be aware that the IRS considers all gifts of cash or cash equivalents from an employer (the partnership in this c...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Are there any dangers in publicly sharing my personal finance data? ### Answer: I think it's advisable to exercise a fair amount of caution when posting information about yourself online. With the adv...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Investment strategies for young adults with entrepreneurial leanings? ### Answer: If you are an entrepreneur, and you are looking forward to strike on your own ( the very definition of entrepreneur) t...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Accepting high volatility for high long-term returns ### Answer: This is basically what financial advisers have been saying for years...that you should invest in higher risk securities when you are yo...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What are the benefits of investing in mutual funds? ### Answer: There are a variety of funds covering different industries and different asset classes available. Some of the advantages of this kind of...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Benefits of Purchasing Company Stock at a Discount ### Answer: Typically, the discount is taxable at sale time But what about taxes? When the company buys the shares for you, you do not owe any t...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Should market based health insurance premiums be factored into 6 months emergency fund savings? ### Answer: Yes factor into your fund the cost of health insurance. You basically have three options wh...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Algorithmic trading in linux using python ### Answer: In Japan, there's a competition well-lasting since 2004 or so where you can run your own software agent in a virtual market. Market data is update...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Buying a house, how much should my down payment be? ### Answer: Mortgage qualification is typically done based on pretax income. To keep the math easy, let's assume $10K/month gross. A well written l...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is it safe to take a new mortgage loan in Greece? ### Answer: While I would be very leery of making any Investments in Greece, and if I lived there might want to strongly consider a larger than averag...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is there such a thing as “stock insurance”? ### Answer: Put options are basically this. Buying a put option gives you the right but not the obligation to sell the underlying security at a certain date...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why invest for the long-term rather than buy and sell for quick, big gains? ### Answer: On Black Friday, 1929,the market fell from over 350 to just above 200. If you were following your plan then you ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Organizing finances and assigning a number to each record type ### Answer: What you are describing is a Chart of Accounts. It's a structure used by accountants to categorise accounts into sub-categor...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What is the pitfall of using the Smith maneuver ### Answer: The catch is that you're doing a form of leveraged investing. In other words, you're gambling on the stock market using money that you've bo...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is leveraging notoriety to raise stock prices illegal in the US? ### Answer: If he didn't lie, I don't see the issue. He did not force anyone to buy anything. His opinion was stock X is good, he publi...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why would I want a diversified portfolio, versus throwing my investments into an index fund? ### Answer: Diversification is extremely important and the one true "Free Lunch" of investing, meaning it c...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What do brokerage firms do? ### Answer: You can get direct market access (DMA) but you have to pay for data, as this is part of the exchanges data plan, and there are plenty of other fees that are pas...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Does longterm investment in index funds still make sense in a reality of massive algotrading? ### Answer: There is a difference between trading which is short term focussed and investing which is long...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Buying my first car out of college ### Answer: DO NOT buy this car. First, I want to say I love BMW's. There's a reason why they call them "ultimate driving machine" and why other car manufacturers c...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Tax Implications - First 2-Family Rental Property ### Answer: You should really be talking to a tax adviser (EA/CPA licensed in your State) about taxes and to a lawyer about the liability protection. ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Do the nasdaq small cap stocks or penny stocks get promoted? ### Answer: The penny/pink sheet stocks you tend to see promoted are the ones a) with small public floats or, b) they are thinly traded. T...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Getting (historical) Standard & Poor Stock Guides ### Answer: Log in to your Scottrade account, and goto Markets --> Analyst Views --> Click the PDF link for the company. Also, there is also the 'Vie...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is there a way I can get bid/ask price data on the NSE in real time? ### Answer: Quite a few Banks/brokers offer direct terminals to NSE where you can see live prices. ###end
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: FOK order type: can they be market or limit orders? ### Answer: You can do FOK on both market and limit orders. Normal market orders will partial fill if you want more shares than are being offered, o...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Limiting Fees for Monthly Contributions ### Answer: First off, I think you are on the right path not paying 3% to a broker; that sort of fee reduces the money you earn significantly in the long term. ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: As a young adult, what can I be doing with my excess income? ### Answer: I also have approx. £6000 in debt Just a note: you're guaranteed to get a return on whatever debt you pay off quickly. Even if...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Peer to peer lending in Canada? ### Answer: Yes and no, P2P Capital Markets is similar concept but is more geared towards business loans. Community Lend used to offer this service but has stopped. ###...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: First time consultant, doubts on Taxation ### Answer: I would look into the possibility that the promise "that no taxes will be withheld" is all about your status as a 'consultant'. They may be meani...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Understanding the symbols next to the Ticker ### Answer: BATS here means your data feed is coming from BATS only. You're not seeing up to date prices from NASDAQ, NYSE or any other of the ECNs. For a ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Would it make sense to take a loan from a relative to pay off student loans? ### Answer: I struggle to see the value to this risk from the standpoint of your mother-in-law. This is not a small amount...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How can I help others plan their finances, without being a “conventional” financial planner? ### Answer: I think it's great that you want to contribute. Course Instructor You may want to take a look a...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why is Google's current nasdaq market cap almost twice the current share price * the No. of shares outstanding? ### Answer: For each class A share (GOOGL) there's a class C share (GOOG), hence the mis...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: As an investor what are side effects of Quantitative Easing in US and in EU? ### Answer: Well if your looking to explain inflation to children, I would use this example. Take two fruits they like IE: ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What is the buy-hold-sell indication based on? ### Answer: To dig a little deeper, a number of analysts within (and without) Reuters are polled for their views on individual stocks and markets on buy-...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why are capital gains taxed at a lower rate than normal income? ### Answer: Every economy wants growth and for growth to come you need investments. So, you must provide some motive for people to risk ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Are solar cell panels and wind mills worth the money? ### Answer: Although this isn't related to homes directly, as an IT professional I know that wind power tends to be cost effective to the point th...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Can you recommend some good websites/brokers for buying/selling stocks in India? ### Answer: There are quite a few online brokers ... All of these have different pricing structure and the right one wo...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What is the relationship between the earnings of a company and its stock price? ### Answer: In general over the longer term this is true, as a company whom continuously increases earnings year after y...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why do grocery stores in the U.S. offer cash back so eagerly? ### Answer: The only card I've seen offer this on credit card purchases is Discover. I think they have a special deal with the stores so ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Capital Gains in an S Corp ### Answer: Lets just get to the point...Ordinary income (gains) earned from S-Corp operations (i.e. income earned after all expenses for providing services or selling produ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: incorrect printed information on check stock ### Answer: Even where national law might allow such a practice, the law in an individual province or state (either for issuing or receiving bank) might no...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is there any way to know how much new money the US is printing? ### Answer: The Federal Reserve is not the only way that money can be "printed." Every bank does fractional reserve banking, thereby inc...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is selling put options an advisable strategy for a retiree to generate stable income? ### Answer: There is only one way to create "stable" income using options: write COVERED calls. This means you m...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is it ok to have multiple life time free credit cards? ### Answer: The following is based on my Experian credit scoring feedback and experience here in the UK over many years. (And for further inform...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Should I put more money down on one property and pay it off sooner or hold on to the cash? ### Answer: I'd suggest taking all the money you have saved up and putting in a mutual fund and hold off on b...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: I have $12k in a Chase checking account, but want to start earning interest/saving/investing/etc to make more money. What should I do? ### Answer: Lets make some assumptions. You are not close to reti...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is it unreasonable to double your investment year over year? ### Answer: It is not unheard of. Celebrity investors such as Warren Buffet and Carl Icahn gained notoriety by more than doubling investmen...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Can I invest in gold through Vanguard (Or another instrument that should perform well in financial crisis)? ### Answer: In 2008, 10 year treasuries were up 20.1%, to gold's 4.96%. Respectfully, if I w...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Should I finance a used car or pay cash? ### Answer: I'd pay cash. Car loans are amortized, so sometimes you can get upside-down on the loan between 18-30 months because you are pre-paying interest. ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How can I save money on a gym / fitness membership? New Year's Resolution is to get in shape - but on the cheap! ### Answer: Shop around for Gym January is a great time to look because that's when mos...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What is the Average Yield on High-Grade Corporate Bonds as of Now? ### Answer: Yahoo! Finance would list it as 3.30 for the 20 year corporate AAA bonds. This is using the criteria from the Wikipedia l...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why do shareholders participate in shorting stocks? ### Answer: When I have stock at my brokerage account, the title is in street name - the brokerage's name and the quantity I own is on the books of ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: California resident, Delaware C-Corp - Taxes for 1-person software freelancer? ### Answer: Supposedly this also means that I am free from having to pay California corporate taxes? Not in the slighte...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What is an ideal number of stock positions that I should have in my portfolio? ### Answer: Honestly? The maximum number really doesn't matter. If you're investing long-term, you buy in when it looks l...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Cost Basis in Retirement Accounts Irrelevant? ### Answer: Cost basis is irrelevant because the entire distribution is taxed as ordinary income even if the custodian distributes stock or mutual fund sh...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Does U.S. tax code call for small business owners to count business purchases as personal income? ### Answer: Expenses are where the catch is found. Not all expenditures are considered expenses for t...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Relocating for first real job out of college? ### Answer: Source: I'm recently (2 years) out of college (Info Sciences + Technology degree) Disclaimer: Speaking from limited personal experience (see a...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Tax whilst starting a business in full time employment ### Answer: With a limited company, you'll have to pay yourself a salary through PAYE. With income from your other job taking you over the higher...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Pay off car or use money for down payment ### Answer: To focus on your question.. pay it off then trade in. The reason is because say you just have 14k laying around and buy a car for 14k, you must pa...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What assets would be valuable in a post-apocalyptic scenario? ### Answer: This is a long term investment but can be very useful during tough times. Be prepared not only to take but to give as well. Mo...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Will a credit card company close my account if I stop using it? ### Answer: The workaround solution is to simply avoid having an exactly zero balance on your account. Thus for inactive credit cards th...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Market Cap lower than Shares Outstanding x Share Price? ### Answer: You are comparing "market caps" and "enterprise value". If the company has four billion dollars cash in the bank, then the value wo...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: When are equal-weighted index funds / ETFs preferable to market-cap-weighted funds? ### Answer: In market cap weighted index there is fairly heavy concentration in the largest stocks. The top 10 stock...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is Bogleheadism (index fund investing) dead? ### Answer: Excellent Question! I agree with other repliers but there are some uneasy things with index funds. Since your view is death, I will take extre...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Where can I find a list of all reverse listings on European stock exchanges for a specific period? ### Answer: I found the zephyr database, which does the job. Nonetheless if someone knows other (open...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to calculate the standard deviation of stock returns? ### Answer: This link does it ok: http://investexcel.net/1979/calculate-historical-volatility-excel/ Basically, you calculate percentage retu...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Can one use dollar cost averaging to make money with something highly volatile? ### Answer: As you mentioned in the title, what you're asking about comes down to volatility. DCA when purchasing stock...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is it worth it to reconcile my checking/savings accounts every month? ### Answer: I don't use debit cards, but if I did I would review that portion of the statement. I look at my credit card statement...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is it possible to trade CFD without leverage? ### Answer: Yes, just set aside the amount of money. If you buy a cfd long in a stock for a 1000$, set aside 1000$. If you buy a cfd short, set aside the ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: May I Invest as a non accredited investor? ### Answer: Does me holding stock in the company make me an accredited investor with this company in particular? No. But maybe the site will let you trade i...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is foreign stock considered more risky than local stock and why? ### Answer: Foreign stocks have two extra sources of risk attached to them; exchange rate and political. Exchange rate risk is obvious...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Negative interest rates and search for yield ### Answer: Can it be so that these low-interest rates cause investors to take greater risk to get a decent return? With interest rates being as low as th...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is it normal for brokers to ask whether I am a beginner? ### Answer: Yes, this is common and in some cases may be required. They may use it for marketing at some level, but they also use it for risk ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What is the field “Folio” in an accounting book for? ### Answer: It's used as a reference column: In journals folio coloumn is used to mention the reference or “address” of ledger in which the jour...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How can home buying be considered a sound investment with all of that interest that needs to be paid? ### Answer: Housing prices are inseparable from the job market of an area. The 40k you want to use...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Calculate investment's interest rate to break-even insurance cost [duplicate] ### Answer: I believe the following formula provides a reasonable approximation. You need to fill in the following variabl...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Question about Tax Information from a Prospectus ### Answer: At the end of each calendar year the mutual fund company will send you a 1099 form. It will tell you and the IRS what your account earned. ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How does the process of “assignment” work for in-the-money Options? ### Answer: First, it depends on your broker. Full service firms will tear you a new one, discount brokers may charge ~nothing. Yo...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Should one only pursue a growth investing approach for Roth IRAs ### Answer: If you are inside of a ROTH IRA you are not getting taxed on any gain. Dividends, distributions, interest payment, or capi...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why are Rausch Coleman houses so cheap? Is it because they don't have gas? ### Answer: Research the company that is all I can say this company has horrible reviews. They show on their Facebook page gr...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Question about car loan payment ### Answer: This depends on what the alternative is. Your loan of .99% is very favorable rate. If you have the 15,000 right now but only hold it in your checking accoun...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to choose a good 401(k) investment option? ### Answer: There are not as many options here as you fear. If you have no other investments outside this 401K it is even easier. Outside accounts includ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Is real (physical) money traded during online trading? ### Answer: This is my two cents (pun intended). It was too long for a comment, so I tried to make it more of an answer. I am no expert with in...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Where can I find the dividend history for a stock? ### Answer: Google Finance gives you this information. ###end
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Buying my first car out of college ### Answer: You have a job "lined up". What if it falls through? Then you have to sell your fancy car, and you are back to scare, apart from the dough you owe your d...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How can I find out what factors are making a stock's price rise? ### Answer: A few days ago they launched Fannie Mae Guaranteed Multifamily Structures (link) but who knows? It's a penny stock now. Go...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why don't companies underestimate their earnings to make quarterly reports look better? ### Answer: Stating poor estimates in advance will lower your share price to compensate for thge extras boost it...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why invest for the long-term rather than buy and sell for quick, big gains? ### Answer: Someone entering a casino with $15 could employ a very simple strategy and have a better-than-90% chance of walk...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Learning investing and the stock market ### Answer: It is great that you want to learn more about the Stock Market. I'm curious about the quantitative side of analyzing stocks and other financial inst...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Should I sell a 2nd home, or rent it out? ### Answer: I don't see anything in this forum on the leverage aspect, so I'll toss that out for discussion. Using generic numbers, say you make a $10k down ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Dividend yeild per unit ### Answer: I am also confused by what he says. The DJIA has not been at 900 for decades. However a $36 dividend is 4% per unit if you get $9 per unit per quarter. 2/3 of 4% is...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: How to pay for Alzheimer's care? ### Answer: The cost of Alzheimer's care depends on the facility that provides this care. Specialized facilities usually have higher costs than general geriatric care ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What purchases, not counting real estate, will help me increase my cash flow? ### Answer: Brownbag your lunch and make coffee at home. If your current lifestyle includes daily takeout lunches and/or...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Investing for Dummys ### Answer: Have a look at my answer to a similar question (asked by a 22 yo) ... Basically ###end
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Totally new to finance, economy, where should I start? ### Answer: I'm going to be a bit off topic and recommend 'The Only Investment Book You'll Ever Need' by Andrew Tobias. It doesn't start with des...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: What are the benefits of investing to IRA/Roth IRA, 401(k) in comparison to investing in long term CDs? ### Answer: First, you need to understand the difference in discussing types of investments and ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Selling mutual fund and buying equivalent ETF: Can I 1031 exchange? ### Answer: You cannot do a 1031 exchange with stocks, bonds, mutual funds, or ETFs. There really isn't much difference between an ...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Why do credit card transactions take up to 3 days to appear, yet debit transactions are instant? ### Answer: Take a look at http://en.wikipedia.org/wiki/Payment_gateway There is essentially a lead tim...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Diversify my retirement investments with a Roth IRA ### Answer: Without making specific recommendations, it is worthwhile to point out the differing tax treatments for a Roth IRA: investments in a Rot...
Below is an instruction that describes a task. Write a response that appropriately completes the request. ### Question: Does anyone offer no interest loans? ### Answer: This is very much possible and happens quite a lot. In the US, for example, promotional offers by credit card companies where you pay no interest on th...